📣 Kanye West launched the meme coin YZY:
⚫ Coinbase top manager Conor Grogan revealed that 94% of the tokens belong to insiders: 87% were in one wallet, 3% were purchased by prepared addresses at launch, and only 7% ended up in the liquidity pool.
⚫ Simultaneously with the launch of YZY, the Libra project unfreezed $57.6 million, and the same wallets instantly withdrew $1.5 million.
⚫ The project includes the payment processor YE Pay and the YZY Card debit card. In February, Kanye criticized meme coins for "exploiting fans," and now he has launched his own.
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